Monday, February 6, 2023

Apple and Ericsson Complete 5G Patent-Related Case With License Agreement: Complete Information

- Advertisement -

The dispute over the payment of royalties for using 5G wireless patents in iPhones was resolved when Ericsson announced on Friday that it had reached a global patent licence agreement with Apple.

The multi-year agreement, according to the Swedish manufacturer of telecoms equipment, includes international cross-licensing for patented mobile standard-essential technologies and awarded specific additional patent rights. Follow For More Updates at satiknews.com

- Advertisement -

According to a statement, “The settlement resolves all pending patent-related legal challenges between the parties.”

The agreement follows Ericsson’s filing of a second round of patent infringement charges against the American manufacturer of iPhones in January.

- Advertisement -

As talks to extend a seven-year licencing agreement for telecoms patents that were previously agreed upon in 2015 fell up, both companies had already filed lawsuits against one another in the US. For the latest news, follow us on Google News

In October 2021, Ericsson filed the initial lawsuit, alleging that Apple had unfairly attempted to reduce the royalty fees. The Swedish company was subsequently charged of using “strong-arm tactics” to resume patents, according to a complaint the iPhone maker filed in December 2021.

With the results of the settlement and ongoing IPR business with all other licensees, Ericsson projected fourth-quarter licencing income for intellectual property rights (IPR) of 5.5–5.0 billion Swedish crowns ($530.3–$578.5 million) on Friday.

- Advertisement -

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

1,000FansLike
1,010FollowersFollow
500FollowersFollow

Latest Articles